The Coefficients of Selection Bias Correction Models Will Automatically Correct

question 54

Multiple Choice

The coefficients of selection bias correction models will automatically correct for any selection bias if the

• A) selection model is estimated before the prediction model
• B) prediction model is estimated before the selection model
• C) the selection and prediction models are estimated jointly
• D) population standard deviation is known

---

Definitions:

Alcoholism

A chronic condition characterized by an uncontrollable urge to consume alcohol despite adverse consequences.

Economic Gains

The increase in wealth or resources, often measured in terms of profit, earnings, or improvement in living standards.

Prejudice

An attitude that prejudges people, usually in a negative way.

Discrimination

An act that treats people unequally or unfairly.